When we choose a career, we usually do so with professional goals in mind––with little or no thought to our lifestyle goals. A single person likely thinks differently than a married person with a family, much like a younger person has different priorities than an older person. Fortunately, whatever your
Compound interest is like a superpower: It can be used for either good or evil. The sentiment can be summed up in a famous quote by Albert Einstein, “Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.” Money Stacking
Newcomers to investing have enjoyed a long period of largely uninterrupted gains. They may not be as familiar with the inevitably volatile market that more experienced investors have endured. Stock Market Volatility For the less experienced, a volatile market refers to times when the common ups and downs in the
While past performance does not guarantee how a stock will perform in the future, many of the fundamentals that led to a healthy stock market in 2019 remain in place for 2020. Consumer spending, job growth, increased borrowing, decreasing trade tensions and corporate spending/investment are all fueling optimism about stocks
More than 45 million Americans are drowning in almost $1.6 trillion in combined student loan debt, with the average person carrying a balance of nearly $33,000. With such a large number of people feeling the stress of this financial burden, it’s not surprising that there are scammers taking advantage of
There are very few things that are as scary as owing back taxes to the big, bad IRS. The IRS is a very powerful organization that can take harsh action, including garnishing wages, to make sure they collect what they are owed on their terms. If you cannot pay what
You’ve heard the saying about how the early bird gets the worm. During tax season, getting the worm means getting your money faster. This extra cash could help pay off those Christmas bills, go toward savings for an unexpected medical or auto expense, fund an investment, or pay for a
There is nothing that the stock market hates more than uncertainty. When news broke about the coronavirus, a dip in the markets followed almost immediately after. So did the financial headlines which were full of words such as “would,” “could” and “might” in relation to the potential impact of this
One of the most effective ways to increase your net worth is by making investments that provide passive income. For those who invest in the stock market, that means finding an equity that pays out a dividend. Investing in dividend stocks is one of the key strategies used by arguably
The American Dream once consisted of working the same job for a certain number of years, followed by retirement and then living out your golden years happily ever after. There was a time when most seniors retired with the financial stability to live out the rest of their lives comfortably.
